Which of these is most often used in practice to maintain a relatively stable price level?

Question

Quizplus · Accepted Answer

Inflation targeting is the most commonly used strategy among central banks to maintain a relatively stable price level. It involves setting and publicly announcing a target inflation rate and then using monetary policy tools to steer actual inflation towards that target. This approach allows for some flexibility in responding to economic changes while focusing on long-term price stability.

Which of These Is Most Often Used in Practice to Maintain